ESKOM HOLDINGS SOC LIMITED - Eskom interim chair appointment

Eskom interim chair appointment

Eskom Holdings SOC Limited
(Registration No. 2002/015527/06)
JSE alpha code: BIESKM
(“Eskom” or the “Company”)

ESKOM INTERIM CHAIR APPOINTMENT

The following statement was issued on behalf of the Department of Public Enterprises
yesterday:

“Following the recent resignation of Eskom Board Chairman Mr Jabu Mabuza, the
government has appointed Professor Malegapuru William Makgoba as interim chair.

Professor Makgoba is a leading scientist and academic who joined the Eskom Board as a
non-executive director in 2018. He is the independent lead director.

His appointment as interim chair is consistent with the government's commitment to good
governance and the stability of the company.

The government is going through the process of putting in place a reconfigured board in line
with President Cyril Ramaphosa's announcement on Friday (Jan 10).

President Ramaphosa announced the Government’s plan to introduce a reconfigured Eskom
Board with the appropriate mix of electricity industry, engineering and corporate governance
experience.”

Johannesburg
16 January 2020

Debt Sponsor
Nedbank Corporate and Investment Banking

Date: 16-01-2020 12:05:00
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